Veirano Advogados represented Equinox Gold Corp., while FFA Legal & Support represented Pilar Gold in the transaction.
Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) sold its Pilar Mine through the sale of 100% of its shares in Pilar de Goiás Desenvolvimento Mineral S.A. to Pilar Gold Inc., an emerging Canadian gold company, for the aggregate consideration of USD 38 million (BRL 211.82 million) in cash, a 9.9% equity intereset in Pilar Gold Inc. and 1% net smelter returns royalty on production from the Pilar Gold Mine.
Equinox Gold is a Canadian mining company operating entirely in the Americas, with seven operating gold mines and a clear path to achieving more than one million ounces of annual gold production from a pipeline of development and expansion projects.
Veirano Advogados advised Equinox Gold with a team led by Partner Pedro Garcia (Picture), with support from Senior Associate Caroline Mollica, Associate Maria Julia Carvalho Pinto, and Associate Matheus Teixeira.
FFA Legal & Support advised Pilar Gold with Partner Luis Azevedo and Associate Samantha Monteiro.
Involved fees earner: Luis Mauricio Ferraiuoli de Azevedo – FFA Legal ; Samantha Monteiro – FFA Legal ; Pedro Garcia – Veirano Advogados; Caroline Mollica – Veirano Advogados; Maria Julia Pinto – Veirano Advogados; Matheus Teixeira – Veirano Advogados;